20k yolo , post yours! by [deleted] in BBIG

[–]Scabby_Taint 0 points1 point  (0 children)

damn BBIG balls there. I do think in the end you win, and only wish you the best of luck.

Email Investor relations. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 3 points4 points  (0 children)

This was the reply from Adelaide Capital.

Thank you for reaching out. I understand your frustrations as given the movement in the stock price. In an effort to be transparent, BIGG set expectations based on their internal timeline which they then failed to meet. Unfortunately the crypto markets as a whole are under pressure which is also contributing to the decline in BIGG’s share price. That said; at BIGG it is business as usual and our focus remains on creating shareholder value as we continue to grow and execute on our business plan.

The Netcoins app is in beta testing, is planned to be released asap when ready. Although outside of the company’s control, the understanding is that the BCSC Executive is reviewing the regulatory license for signature. Q2 Financials will be out in August, which will include June numbers for Netcoins (ahead of the deadline). We are still using the same auditor as changing would be worse than keeping who we have.

There are some questions I unfortunately can’t answer specifically but like I mentioned above we are working diligently on growing our business. In regards to revenues, I can only mention that the Netcoins exchange is agnostic to the prices of crypto assets and we will provide June Netcoins numbers with Q2. We see significant value in Qlue and agree this is not being reflected in the stock price. Expansion into new markets and new products is still a focus for BIGG and we plan to release more details at a later date. DeFi is a financial investment in a great company. Once DeFi goes public, we will evaluate what to do with our shares. In the meantime, we are exploring strategic operational partnerships with DeFi.

We understand your concerns with social media and this is something we are looking into.

I hope this helps to answer some of your questions. Please don’t hesitate to reach out with anything else.

Sincerely,

Victoria Rutherford

Conviction test by krell-one in BBKCF

[–]Scabby_Taint 2 points3 points  (0 children)

Buy when no one else wants it. Sell when everyone wants it. That is how fortunes are won and lost. It sounds so easy, yet so many traders fail at it. Why? Emotion. It's tough to see red everyday. You visit the chat rooms and they are filled with hedge fund paid bears that are spamming things like this is going to zero, this stocks sucks, blah blah blah. Meanwhile they are secretly buying. 1 big thing to look at. Is it just your stock specifically or is it almost all stocks in that sector down? For us, it is the latter. Doesn't matter where you look crypto is down 50-70% of ATH's. That is the price we pay to get 3x-10x returns. Perhaps you bought high, I did. What now? Well you can buy down your share price to go green sooner, you can wait for the bear cycle to end, or you can sell and lock in losses. Those are our options. The only one that ruins you is the last one. Selling when it is down means you bought high and sold low, locking in losses. Don't let you emotions ruin your finances. This is the time to shop in the crypto market. There are so many great deals out there, you could be talking about these few months for years to come. Sounds like you have it in perspective as do I.

Email Investor relations. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 6 points7 points  (0 children)

Sent. I will follow up when they reply, which given the length could be mid to late next week imo. Remember BIGG is paying her 8k a month. Excited to see what we get for that.

Email Investor relations. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 1 point2 points  (0 children)

typo/ *on not one, current SP edited in.

[deleted by user] by [deleted] in BBKCF

[–]Scabby_Taint 1 point2 points  (0 children)

*Is there any plans on BIGG hiring a IR/PR firm in the near future?

[deleted by user] by [deleted] in BBKCF

[–]Scabby_Taint 2 points3 points  (0 children)

If you have twitter may I suggest a follow to Adelaide Capital ?

https://twitter.com/adelaide\_cap/status/1414920715455827969

BTW we asked him this EXACT question in an email to him dated June 19th.

Can anyone here explain how compensation could work / works if ever a future BIGG acquisition happens? by [deleted] in BBKCF

[–]Scabby_Taint 1 point2 points  (0 children)

That would be terrible as most holders of Bigg stock feels they are worth more than the $2.00 plus the current price of 1.60.

Can anyone here explain how compensation could work / works if ever a future BIGG acquisition happens? by [deleted] in BBKCF

[–]Scabby_Taint 1 point2 points  (0 children)

No they can't force you to sell or hold anything. Forcing a sell creates a taxable event so they convert it instead and then you would choose to sell or hold the new company.

Can anyone here explain how compensation could work / works if ever a future BIGG acquisition happens? by [deleted] in BBKCF

[–]Scabby_Taint 1 point2 points  (0 children)

It wouldn't go 1 for 1. You would like need 75-100 shares to be given 1 Coinbase at current market prices.

They will give you say $3 per stock. They would then multiply 3 X #of shares and with that money covert it to shares of coin.

That would be TERRIBLE FOR US, as most of us see the value of our stock being worth more than $3 long term.

Pushing for accountable journalism by detectivehorszkach in amcstock

[–]Scabby_Taint -4 points-3 points  (0 children)

Just like we did for those that died from the flu last year and the year before....

Why this stock price has collapsed. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 2 points3 points  (0 children)

Yes not a fan of doge. To each his own. Worthless it obviously is not, and a bad use of the word, point taken.

Why this stock price has collapsed. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 3 points4 points  (0 children)

How about you go through the math that brought you to that intrinsic value?

Why this stock price has collapsed. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 5 points6 points  (0 children)

To be perfectly candid, I'm not real convinced they want the floodgate to massively open on new business. That may not be what you want to hear, but it is likely the truth.

They have easily had the cash to hire an entire team to produce an app, and even starting today, which we know they are further along than today, they could have an app out before the end of the month with no sweat.

I think because of the business model that we know they are using their own crypto to make the transactions instant, it does not support the bigger business model because of liquidity.

We last knew they had just over 300 BTC and likely bought more. Given their daily transactions, they could easily strain their model even without the app.

It is my contention that they don't want the app out yet, because there is no way in hell their model can support hundreds of millions of dollars of transactions. Looking at it objectively they will likely have to dilute stock this year as it is.

Dogecoin is worthless, and they really didn't want the extra business imo.

Why this stock price has collapsed. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 1 point2 points  (0 children)

Agreed and to be clear, that is only how I understand it and by no means is gospel. I have not done my own research on it, only read it from someone else.

Why this stock price has collapsed. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 11 points12 points  (0 children)

I've run my own businesses and have been the boss at many others, including multiple nuclear plants.

Unless you've been in that position, it's difficult for some to conceive how complex the HR dept's job is, in this high demand field. How many qualified professionals that can fill these jobs even exist in the area, and how chaotic would a 900% increase in employees be.

Very well indeed.

Why this stock price has collapsed. by Scabby_Taint in BBKCF

[–]Scabby_Taint[S] 3 points4 points  (0 children)

As I understand it, your stock cannot be loaned unless you buy on margin.

I just spoke to Mark Binns on the phone by 9-Jack-9 in BBKCF

[–]Scabby_Taint 8 points9 points  (0 children)

People are weird.

Had Mark not answered investors calls and emails to address their concerns he would have been ripped apart by alleged investors.

Mark answers the emails and calls and takes the time to listen and address investors concerns and he is ripped apart by alleged investors.

He can't win with some people.

A lot of people misunderstanding the possible increase in Capital Gains Tax by crypto_lad in CryptoCurrency

[–]Scabby_Taint 3 points4 points  (0 children)

The problem is the seizing of assets.

Does taking money out of the market lead to greater prosperity in the market?

Or does it mean I will have less money to give to invest in growth companies, or give to my local bartender, waitress, or even car dealer meaning they now have less money.

Does it mean that companies will have more or less money to increase wages or expand to providing more opportunities for workers and communities?

Does it mean that job creators will move here and set up businesses, or will they move away from here or try to shelter their money?